## **Playing ON Annual Report & Financial Statements** _For the year ended 23 June 2022_ ## **CHARITY NAME** **CHARITY REGISTRATION NUMBER** Playing ON C.I.O 1190286 **PLAYING ON ANNUAL REPORT** PAGE 01 ## _Playing ON Annual Report & Financial Statement_ **CONTENTS** **Reference & Administrative Details 2 Trustees Annual Report 3 Mission, Vision & Core Values 3 Charitable Purposes 3 Our 2021 - 2022 Projects & their 4 Beneficiaries Achievements & Performance 5-6 Engagement 7 Financial Review 8-14** **PLAYING ON ANNUAL REPORT** PAGE 02 ## _For the year ended 23 June 2022_ **REFERENCE & ADMINISTRATIVE DETAILS** **Charity name:** Playing ON C.I.O **Other name the charity uses:** Playing ON Theatre Company **Registered charity number:** 1190286 **Charity's principal address:** 5 Hyndewood, Inglemere Rd, Forest Hill, London, SE23 2BH ## **Trustees** Trustees who served during the year and up to the date of this report were as follows: **Adam Moll** ( _Chair)_ **Michael Amaning** ( _Trustee with responsibility for safeguarding)_ **Zara Hosany** **Fitzroy Andrew Samantha Lawrence Nigel Godfrey Clare Forknell** **Edgars Smatovs** ( _Treasurer)_ **Nana Yaa Osei-Asibey** **Key Management** **Jim Pope** _Artistic Director & CEO_ **Rhian Davies** _Executive Director_ **PLAYING ON ANNUAL REPORT** PAGE 03 ## _For the year ended 23 June 2022_ ## **TRUSTEES ANNUAL REPORT** relieving the needs of those people who are socially excluded and assisting them in integrating into society, in particular but not exclusively by providing the opportunity and environment for people to share their enlightening stories, ideas, emotions and experiences, principally through the medium of theatre, and by raising public awareness of the issues affecting those people, both generally and in relation to their exclusion. For the purpose of this clause 'socially excluded' means being excluded from society, or parts of society, as a result of one of more of the following factors: youth or old age; ill health (physical or mental); substance abuse or dependency including alcohol and drugs; poor educational or skills attainment, crime (either as a victim of crime or as an offender rehabilitating into society), or being subject to immigration issues. 2) To advance public education in, and appreciation of, the arts and in particular the art of drama and theatre in such ways as the trustees shall from time to time determine including through the staging of accessible theatre productions of artistic merit and related educational programmes. **PLAYING ON ANNUAL REPORT** PAGE 04 ## **OUR 2021 - 2022 PROJECTS & THEIR BENEFICIARIES** The following is a summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. ## **RBH-KHP** ## **UNDER OUR ROOF** Aa series of workshops and events held online for young patients with heart and lung conditions and adult patients with congenital heart disease. In partnership with Verve. Three 10-week engagement programmes with care experienced participants, resulting in performances, which explore issues of growing up in care ## **DRILLING DIAMONDS** **WRITERS COMMISSION** _for Michael Amaning_ An eight-month programme of theatre making using drama and urban music to engage young people at risk of long-term unemployment and dropping out of education. A commission for an associate artist inspired by themes from Drilling Diamonds and his lived experience as a black workingclass Londoner. **PLAYING ON ANNUAL REPORT** PAGE 05 ## **ACHIEVEMENTS & PERFORMANCE** A summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. **RBH-KHP:** We developed an Innovative new approach using our devising drama process to gather quantitative patient data. A creative and poignant engagement about living with congenital heart and lung conditions led to powerful voices being heard from younger people especially. It strengthened a partnership with Verve communications with whom we have been asked to bid in partnership for two further NHS contracts. It also allowed us to contract 9 freelance artists, which was a milestone for the company. **Under Our Roof:** We have strengthened our partnership with Leap Confronting Conflict and worked with them to address the key issues for young people and carers in the care system. We also enlisted engagement specialists Kaizen to develop a strategy for recruiting to our programmes. Having now delivered one of our three programmes and nearing completion of our second we have mentored a care experienced trainee supporting her to achieve a place on a degree course studying community arts. **Drilling Diamonds:** We have settled into our residency at Lewisham college with a cohort of YEFE (youth entry to further education) students and others from outside the college. In addition to partners Rose Bruford and Albany Theatre, we have partnered with Alchemy Music Mentors employing them to teach music production and lyric writing to our young people at Goldsmiths University on Saturdays. They have devised a play, which we will perform at Lewisham college in June and then again at Climate Home, a sustainable eco performance space, in July. PAGE 06 **PLAYING ON ANNUAL REPORT** **Michael’s commission:** Our commitment to our associate artists grows with Michael Amaning, who is delivered Drilling Diamonds in Tower Hamlets and is working on our current Lewisham programme. He is working closely with dramaturg Lin Coghlan (who is also co-delivering Raising the Roof and will write a response play) and has produced the first draft of a script. Michael has been an associate of the company since we were first established and this will be his first professional commission. He will write a script from the perspective of life as a working class black Londoner. **All trustees agree to the fact that Playing ON CIO is set up with purposes, which are exclusively charitable for the public benefit.** _"This was one of the best projects I've ever worked on and was a great outlet for my creativity and reflections. So therapeutic and an amazing tribe we've built!"_ - Playing ON Participant **PLAYING ON ANNUAL REPORT** PAGE 07 ## **ENGAGEMENT** ## _**QUANTITATIVE HIGHLIGHTS**_ Workshops across the year, including those where working with... ## _**QUALITATIVE HIGHLIGHTS FROM FEEDBACK**_ “I would just like to thank you very much for all the workshops that you’ve been delivering. They were very intensive and helped me to express my thoughts and feelings more, rather than writing my thoughts down on paper. My mum and dad thought that the showcase on Saturday was brilliant. I really enjoyed the experience and I hope to work with you again in the future.” - RBH KHP Participant from 17-25s age group “This programme as a whole is something that’s just lacking across the country, it would help a lot of other care experienced people throughout their life, in building that confidence and also learning to be proud of what they’ve experienced and how they’ve been raised.” - Raising the Roof Participant **PLAYING ON ANNUAL REPORT** PAGE 08 ## **THE THEATRE COMMUNITY, particularly applied theatre.** ## **THE CARE SECTOR** PAGE 09 **PLAYING ON ANNUAL REPORT** ## **MENTAL HEALTH COMMUNITIES, particularly in Newham, Luton and across East London.** Our work with ELFT will continue and deepen with Newham Centre for Mental Health and the Lived Experience Academy, where we will bring together service users and providers to explore coproduction in the care pathway. Our aim is to see creative practice firmly embedded within the NHS as a way of addressing skills deficit and high level of churn. The work will be across 4 areas: 1. We will continue to deliver coproduction projects, make training films & presentations, which bring staff and service users together to deliver workshops at conferences and stakeholder events. 2. We have been commissioned to train people with lived experience of mental illness to provide role play training for NHS staff, including trainee psychiatrists, at the Lived Experience Academy. We will extend this work beyond the initial commission, to manage turnover of lived experience performers and to support the simulation/role play days. This ground-breaking innovation is a world first, which will be independently evaluated as we aim to radically improve commitment to the patient voice within NHS training. 3. We are currently cocreating a training model with the Newham Centre for Mental Health to address bullying, burnout and problem solving in multidisciplinary staff teams. By packaging and selling this to NHS trusts across the country, including lived experience performers in the delivery teams, we will create a financially sustainable model to support our earned income stream. In addition, we are always looking for opportunities to co-deliver alongside Verve again - due to the success of the partnership in the past. **PLAYING ON ANNUAL REPORT** PAGE 10 ## **PROFESSIONAL PRODUCTIONS** Our professional productions, now and in the future, will all be drawn from and serve to enrich our existing community engagement programmes. By co-creating with underserved communities, we will use improvisation, multimedia, scratch shows and live workshop performances to enable people to have their voices heard in community spaces. In this way we will build relationships with the target group enabling us to identify progression routes and create opportunities for individuals whose journey we can support. In line with the model established with Philip Osment, a writer who codelivers the engagement programmes will be commissioned to create a full length script inspired by the themes, experiences and conversations they have. We will produce shows for the theatre going public seeking professional actors who have lived experience of the world we are depicting. By returning to perform our professional shows for the groups which originally inspired our stories, we will strengthen our relationships and invite further iterations of engagement. The shows will allow us to inspire further cocreation, as we disrupt downward spirals of unrealised potential and transform them into upward spirals of success. This coming year we plan to open the funded period with a new commission from internationally known playwright and Resident Dramaturg, Lin Coghlan. The piece will emerge from our Raising the Roof programme which Lin codelivers with Jim and Ashley. We will open the production with a residency in a London theatre offering workshops and post show events for key stakeholders in addition to the performance. Our community tour and online performances will include post show workshops and offer the opportunity for care experienced young people to join engagement programmes and make a response piece. **PLAYING ON ANNUAL REPORT** PAGE 11 ## **STRUCTURE, GOVERNANCE & MAINTENANCE** Playing ON CIO is governed by a board of 8 trustees with a variety of skills and experience ensuring the organisation meets its charitable objectives and operates legally, efficiently, in line with the Charity Commission and the law. The board guides the organisation leadership to act in the best interest of the charity and its beneficiaries. Playing ON is proud that the board represents the diversity of London, with most trustees being people from the global majority or women and only 2 out of 8 being white British men. 2 trustees started their journey with us as participants. Trustees are recruited initially by advertising or personal recommendation. Then a meeting with the CEO and possibly the Exec Director and another trustee. Then they will attend a board meeting, after which they will be given the chance to decide if they still wish to become a trustee. The board will vote and if there is a majority they will be invited by the Chairman to join the board. We underwent this process last year and as a result have recently refreshed the board, bringing in 5 new board members: ## Dr Zara Hosany _NHS psychologist with expertise in quality & improvement._ ## Clare Forknell _Head of Philanthropy and Partnerships at Freedom From Torture, bringing rich experience of supporting charities at a point of growth._ ## Nigel Godfrey _Director of Blue Box Entertainment Ltd and West End in Schools, bringing expertise in commercial theatre._ ## Edgars Smatovs _Financial Planning and Analysis Manager, a trained accountant with previous governance experience, is in the final due diligence stages of joining as our treasurer._ Nana Yaa Osei-Asibey _15 years experience working in the care sector._ ## They join: ## Chair, Adam Moll _Director of Criminal Justice and Complex Needs Services at Social Interest Group,_ Michael Amaning-Ampong _Qualified teacher with an MA in screenwriting, started as a participant and now has_ _responsibility for safeguarding and represents associate artists on the board._ Interim treasurer, Fitzroy Andrew _Inclusive leadership advocate, Senior Institutional Equity Officer at University of East London, with rich governance experience_ ## Samantha Lawrence _Managing Director at Monkey Kingdom TV_ **PLAYING ON ANNUAL REPORT** PAGE 12 Annually, the board examines and agrees the budget and targets for the following year. Key policies, including Safeguarding and Child Protection, are reviewed annually, or more frequently as needed. Others are reviewed as legislation changes or every two years as relevant. At quarterly board meetings standing agenda items include Budget and reserves updates, Conflicts of Interest, Risk Register and Safeguarding. Additionally, our CEO/Artistic Director meets informally with each trustee between Board meetings to support their connectivity to the work and the workforce. Alongside the board and associated subcommittees, Playing ON invites partner organisations, former board members, freelance artists and interested participants to join focus groups around current issues/challenges and strategy. These ensure the wider project communities’ input and inform the governance of the organisation keeping us connected to our peers, participants and supporters. As a small organisation we have succeeded in balancing the potential bureaucracy of large governance structures with the need to be nimble and responsive. By having a relatively small and engaged board we can take quick decisions as necessary and involve the wider Playing ON community in more strategic decisions. **PLAYING ON ANNUAL REPORT** PAGE 13 ## **STATEMENT OF FINANCIAL ACTIVITIES** **PLAYING ON ANNUAL REPORT** PAGE 14 ## **BALANCE SHEET** The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. **REGISTERED CHARITY NUMBER: 1190286** ## Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2022 for Playing On CIO Playing On CIO ## Contents of the Financial Statements for the Year Ended 31 March 2022 ||Page| |---|---| |Report of the Trustees|1| |Independent Examiner's Report|2| |Statement of Financial Activities|3| |Balance Sheet|4 to 5| |Notes to the Financial Statements|6 to 10| |Detailed Statement of Financial Activities|11| Playing On CIO ## Report of the Trustees ## for the Year Ended 31 March 2022 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1190286 ## **Registered office** 5 Hyndewood Inglemere Road London SE23 2BH ## **Trustees** Michael Amaning - Trustee Suzanna Whitefield - Trustee (resigned) Adam Moll - Chair Aisha Bywaters - Trustee (resigned) Andrew Fitzroy Alphanso - Trustee (appointed 23.9.21) Nigel Godfrey - Trustee (appointed 29.9.21) Approved by order of the board of trustees on………………… and signed on its behalf by: ……………………………………. Adam Moll - Chair Page 1 Independent Examiner's Report to the Trustees of Playing On CIO ## **Independent examiner's report to the trustees of Playing On CIO ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sajjad Jaffer FCCA Harris Accountancy Services Ltd Cobalt Square, 83 Hagley Road Birmingham B16 8QG 11 May 2022 Page 2 Playing On CIO ## Statement of Financial Activities for the Year Ended 31 March 2022 |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
79
**Charitable activities**
Sales - services
71,050
**Total**
71,129
**EXPENDITURE ON**
**Charitable activities**
Services
48,376
Other
1,200
**Total**
49,576
**NET INCOME**
21,553
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
9,268
**TOTAL FUNDS CARRIED FORWARD**
30,821|Year Ended
31.3.22
Restricted
Total
funds
funds
£
£
60,129
60,208
-
71,050
60,129
131,258
22,039
70,415
-
1,200
22,039
71,615
38,090
59,643
-
9,268
38,090
68,911|Period
7.7.20
to
31.3.21
Total
funds
£
50,374
17,670
68,044
66,066
1,200
67,266
778
8,490
9,268| |---|---|---| The notes form part of these financial statements Page 3 Playing On CIO ## Balance Sheet 31 March 2022 |Unrestricted Restricted
funds
funds
Notes
£
£
**CURRENT ASSETS**
Debtors
5
31,450
-
Cash at bank
571
38,090
32,021
38,090
**CREDITORS**
Amounts falling due within one year
6
(1,200)
-
**NET CURRENT ASSETS**
30,821
38,090
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
30,821
38,090
**NET ASSETS/(LIABILITIES)**
30,821
38,090
**FUNDS**
7
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|31.3.22
Total
funds
£
31,450
38,661
70,111
(1,200)
68,911
68,911
68,911
30,821
38,090
68,911|31.3.21
Total
funds
£
32,250
8,562
40,812
(31,544)
9,268
9,268
9,268
9,268
-
9,268| |---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. ## The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 4 continued... Playing On CIO ## Balance Sheet - continued ## 31 March 2022 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on ……………………. and were signed on its behalf by: ……………………………………. Adam Moll - Chair The notes form part of these financial statements Page 5 Playing On CIO ## Notes to the Financial Statements for the Year Ended 31 March 2022 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Page 6 continued... Playing On CIO ## Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **2. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): |||Period| |---|---|---| |||7.7.20| ||Year Ended|to| ||31.3.22|31.3.21| ||£|£| |Hire of plant and machinery|-|558| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the period ended 31 March 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2022 nor for the period ended 31 March 2021. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
12,000
38,374
**Charitable activities**
Sales - services
17,670
-
**Total**
29,670
38,374
**EXPENDITURE ON**
**Charitable activities**
Services
27,692
38,374
Other
1,200
-
**Total**
28,892
38,374
**NET INCOME**
778
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
8,490
-|Total
funds
£
50,374
17,670
68,044
66,066
1,200
67,266
778
8,490| |---|---| Page 7 continued... Playing On CIO ## Notes to the Financial Statements - continued ## for the Year Ended 31 March 2022 ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |Unrestricted Restricted
funds
funds
£
£
**TOTAL FUNDS CARRIED**
**FORWARD**
9,268
-
**5.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.22
£
Trade debtors
10,750
Prepayments and accrued income
20,700
31,450
**6.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.22
£
Trade creditors
-
Other creditors
-
Accruals and deferred income
-
Accrued expenses
1,200
1,200
**7.**
**MOVEMENT IN FUNDS**
Net
movement
At 1.4.21
in funds
£
£
**Unrestricted funds**
General fund
9,268
21,553
**Restricted funds**
Under our roof
-
21,639
Drilling Diamonds
-
16,451
-
38,090
**TOTAL FUNDS**
9,268
59,643|Total
funds
£
9,268
31.3.21
£
32,250
-
32,250
31.3.21
£
1
743
29,600
1,200
31,544
At
31.3.22
£
30,821
21,639
16,451
38,090
68,911|Total
funds
£| |---|---|---| |||9,268| Page 8 continued... Playing On CIO ## Notes to the Financial Statements - continued ## for the Year Ended 31 March 2022 ## **7. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Under our roof
Drilling Diamonds
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
71,129
30,000
30,129
60,129
131,258
At 7.7.20
£
8,490
8,490|Resources
expended
£
(49,576)
(8,361)
(13,678)
(22,039)
(71,615)
Net
movement
in funds
£
778
778|Movement
in funds
£
21,553
21,639
16,451
38,090
59,643
At
31.3.21
£
9,268
9,268| |---|---|---|---| Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement|Movement| |---|---|---|---|---| ||resources|expended|in funds|| ||£|£|£|| |**Unrestricted funds**||||| |General fund|17,670|(16,892)|778|| |Baring Foundation|12,000|(12,000)||-| ||29,670|(28,892)|778|| |**Restricted funds**||||| |Young Londeners Fund|10,500|(10,500)||-| |Wakefield and Tetley|1,900|(1,900)||-| |ACE Autumn Development|15,994|(15,994)||-| |ACE Coronavirus Response|9,980|(9,980)||-| ||38,374|(38,374)||-| |**TOTAL FUNDS**|68,044|(67,266)|778|| Page 9 continued... Playing On CIO ## Notes to the Financial Statements - continued ## for the Year Ended 31 March 2022 ## **8. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2022. Page 10 Playing On CIO ## Detailed Statement of Financial Activities for the Year Ended 31 March 2022 |Year Ended
31.3.22
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
79
Grants
60,129
60,208
**Charitable activities**
Sales - Services
71,050
**Total incoming resources**
131,258
**EXPENDITURE**
**Charitable activities**
Hire of plant and machinery
-
Cost of services
1,420
Insurance
125
Telephone
105
Postage and stationery
-
Sundries
127
Travelling costs
-
Computer & Software
514
Staff Training
148
Subcontractor costs
67,976
70,415
**Support costs**
**Governance costs**
Accountancy fees
1,200
Total resources expended
71,615
**Net income**
59,643|Period
7.7.20
to
31.3.21
£
-
50,374
50,374
17,670
68,044
558
5,363
77
-
25
-
597
1,513
526
57,407
66,066
1,200
67,266
778| |---|---| This page does not form part of the statutory financial statements Page 11 **REGISTERED CHARITY NUMBER: 1190286** ## Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2022 for Playing On CIO Playing On CIO ## Contents of the Financial Statements for the Year Ended 31 March 2022 ||Page| |---|---| |Report of the Trustees|1| |Independent Examiner's Report|2| |Statement of Financial Activities|3| |Balance Sheet|4 to 5| |Notes to the Financial Statements|6 to 10| |Detailed Statement of Financial Activities|11| Playing On CIO ## Report of the Trustees ## for the Year Ended 31 March 2022 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1190286 ## **Registered office** 5 Hyndewood Inglemere Road London SE23 2BH ## **Trustees** Michael Amaning - Trustee Suzanna Whitefield - Trustee (resigned) Adam Moll - Chair Aisha Bywaters - Trustee (resigned) Andrew Fitzroy Alphanso - Trustee (appointed 23.9.21) Nigel Godfrey - Trustee (appointed 29.9.21) Approved by order of the board of trustees on………………… and signed on its behalf by: ……………………………………. Adam Moll - Chair Page 1 Independent Examiner's Report to the Trustees of Playing On CIO ## **Independent examiner's report to the trustees of Playing On CIO ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sajjad Jaffer FCCA Harris Accountancy Services Ltd Cobalt Square, 83 Hagley Road Birmingham B16 8QG 11 May 2022 Page 2 Playing On CIO ## Statement of Financial Activities for the Year Ended 31 March 2022 |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
79
**Charitable activities**
Sales - services
71,050
**Total**
71,129
**EXPENDITURE ON**
**Charitable activities**
Services
48,376
Other
1,200
**Total**
49,576
**NET INCOME**
21,553
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
9,268
**TOTAL FUNDS CARRIED FORWARD**
30,821|Year Ended
31.3.22
Restricted
Total
funds
funds
£
£
60,129
60,208
-
71,050
60,129
131,258
22,039
70,415
-
1,200
22,039
71,615
38,090
59,643
-
9,268
38,090
68,911|Period
7.7.20
to
31.3.21
Total
funds
£
50,374
17,670
68,044
66,066
1,200
67,266
778
8,490
9,268| |---|---|---| The notes form part of these financial statements Page 3 Playing On CIO ## Balance Sheet 31 March 2022 |Unrestricted Restricted
funds
funds
Notes
£
£
**CURRENT ASSETS**
Debtors
5
31,450
-
Cash at bank
571
38,090
32,021
38,090
**CREDITORS**
Amounts falling due within one year
6
(1,200)
-
**NET CURRENT ASSETS**
30,821
38,090
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
30,821
38,090
**NET ASSETS/(LIABILITIES)**
30,821
38,090
**FUNDS**
7
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|31.3.22
Total
funds
£
31,450
38,661
70,111
(1,200)
68,911
68,911
68,911
30,821
38,090
68,911|31.3.21
Total
funds
£
32,250
8,562
40,812
(31,544)
9,268
9,268
9,268
9,268
-
9,268| |---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. ## The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 4 continued... Playing On CIO ## Balance Sheet - continued ## 31 March 2022 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on ……………………. and were signed on its behalf by: ……………………………………. Adam Moll - Chair The notes form part of these financial statements Page 5 Playing On CIO ## Notes to the Financial Statements for the Year Ended 31 March 2022 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Page 6 continued... Playing On CIO ## Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **2. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): |||Period| |---|---|---| |||7.7.20| ||Year Ended|to| ||31.3.22|31.3.21| ||£|£| |Hire of plant and machinery|-|558| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the period ended 31 March 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2022 nor for the period ended 31 March 2021. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
12,000
38,374
**Charitable activities**
Sales - services
17,670
-
**Total**
29,670
38,374
**EXPENDITURE ON**
**Charitable activities**
Services
27,692
38,374
Other
1,200
-
**Total**
28,892
38,374
**NET INCOME**
778
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
8,490
-|Total
funds
£
50,374
17,670
68,044
66,066
1,200
67,266
778
8,490| |---|---| Page 7 continued... Playing On CIO ## Notes to the Financial Statements - continued ## for the Year Ended 31 March 2022 ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |Unrestricted Restricted
funds
funds
£
£
**TOTAL FUNDS CARRIED**
**FORWARD**
9,268
-
**5.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.22
£
Trade debtors
10,750
Prepayments and accrued income
20,700
31,450
**6.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.22
£
Trade creditors
-
Other creditors
-
Accruals and deferred income
-
Accrued expenses
1,200
1,200
**7.**
**MOVEMENT IN FUNDS**
Net
movement
At 1.4.21
in funds
£
£
**Unrestricted funds**
General fund
9,268
21,553
**Restricted funds**
Under our roof
-
21,639
Drilling Diamonds
-
16,451
-
38,090
**TOTAL FUNDS**
9,268
59,643|Total
funds
£
9,268
31.3.21
£
32,250
-
32,250
31.3.21
£
1
743
29,600
1,200
31,544
At
31.3.22
£
30,821
21,639
16,451
38,090
68,911|Total
funds
£| |---|---|---| |||9,268| Page 8 continued... Playing On CIO ## Notes to the Financial Statements - continued ## for the Year Ended 31 March 2022 ## **7. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Under our roof
Drilling Diamonds
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
71,129
30,000
30,129
60,129
131,258
At 7.7.20
£
8,490
8,490|Resources
expended
£
(49,576)
(8,361)
(13,678)
(22,039)
(71,615)
Net
movement
in funds
£
778
778|Movement
in funds
£
21,553
21,639
16,451
38,090
59,643
At
31.3.21
£
9,268
9,268| |---|---|---|---| Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement|Movement| |---|---|---|---|---| ||resources|expended|in funds|| ||£|£|£|| |**Unrestricted funds**||||| |General fund|17,670|(16,892)|778|| |Baring Foundation|12,000|(12,000)||-| ||29,670|(28,892)|778|| |**Restricted funds**||||| |Young Londeners Fund|10,500|(10,500)||-| |Wakefield and Tetley|1,900|(1,900)||-| |ACE Autumn Development|15,994|(15,994)||-| |ACE Coronavirus Response|9,980|(9,980)||-| ||38,374|(38,374)||-| |**TOTAL FUNDS**|68,044|(67,266)|778|| Page 9 continued... Playing On CIO ## Notes to the Financial Statements - continued ## for the Year Ended 31 March 2022 ## **8. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2022. Page 10 Playing On CIO ## Detailed Statement of Financial Activities for the Year Ended 31 March 2022 |Year Ended
31.3.22
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
79
Grants
60,129
60,208
**Charitable activities**
Sales - Services
71,050
**Total incoming resources**
131,258
**EXPENDITURE**
**Charitable activities**
Hire of plant and machinery
-
Cost of services
1,420
Insurance
125
Telephone
105
Postage and stationery
-
Sundries
127
Travelling costs
-
Computer & Software
514
Staff Training
148
Subcontractor costs
67,976
70,415
**Support costs**
**Governance costs**
Accountancy fees
1,200
Total resources expended
71,615
**Net income**
59,643|Period
7.7.20
to
31.3.21
£
-
50,374
50,374
17,670
68,044
558
5,363
77
-
25
-
597
1,513
526
57,407
66,066
1,200
67,266
778| |---|---| This page does not form part of the statutory financial statements Page 11